Stratview Research’s Polymer Coated Fabrics market report is a comprehensive examination of the global market. This strategic assessment report provides a detailed overview that represents today’s market position and potential possibilities, as well as competitive intelligence and information, for a 10-year span from 2021 to 2026.
This report estimates that the market is expected to recoup in the next five years with a healthy CAGR to reach a value of 5% in 2026.
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Following the pandemic, the market is estimated to rebound from 2021 to 2026. During the forecast period, the Polymer Coated Fabrics market is expected to grow at an impressive CAGR of 5% percent. The demand for Polymer Coated Fabrics in the global market is being driven by rising demand for Polymer Coated Fabrics in the market.
The market size for three different scenarios will be included in the global forecast: pessimistic, most likely, and optimistic. The case study will aid stakeholders and market participants in budgeting and planning market investment for the short- to medium-term strategy period.
Low & Bonar PLC (Mehler Texnologies)
OMNOVA Solutions Inc.
Serge Ferrari Group
Sioen Industries NV
Spradling International, Inc.
Growth drivers and Market Value:
This report, from Stratview Research, studies the Polymer Coated Fabrics Market value and growth drivers over the trend period of 2021-26. According to the report –
Polymer Coated Fabrics Market is likely to witness a healthy CAGR of 4.3% during the forecast period. The prime factor contributing to the demand for polymer coated fabrics is mainly the rising safety measures in the developed and developing economies, majorly in the transportation application.
Based on Polymer Type:
Based on the polymer type, the market is segmented as vinyl polymer, polyurethane, polyethylene, and other polymers. The polyurethane coated fabric segment held the largest share of the market in 2019, and is expected to remain dominant during the forecast period. Superior properties such as transparency, elasticity, and resistance to oil, grease, and abrasion make them the preferred choice if there is a requirement for unusual impact and abrasion resistance. Major applications are rainwear, waterproof protective clothing, upholstery, luggage, footwear, glove, waterproof mattress cover, inflatable boats, and recreational items, among others. Since they protect both primary antioxidants as well as the polymers during processing, hydrolytically stable phosphites & phosphonites are generally the most frequently used polymer stabilizers.
Based on Region:
In terms of regions, Asia-Pacific is estimated to be the largest as well as the fastest-growing polymer coated fabrics market during the forecast period, with China, Japan, and India being the major countries with lucrative growth opportunities. The growth of the market is driven by the growth of the transportation industry in various key economies, which is boosting the demand for automobiles. Rapid industrialization in China and India, accompanied by the increasing incorporation of safety features in industrial segments is also likely to drive the market. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.
The COVID-19 has impacted almost every business, regardless of size, regardless of region.
In the year 2020, the dynamics of the Polymer Coated Fabrics market have shifted dramatically. The consumer climate and business practices have evolved significantly, resulting in numerous process changes that will have long-term consequences.
Sneak peek into the Report:
The report’s layout has been kept simple in order to provide the highest business value possible. It offers valuable insights into business dynamics and allows current and potential market participants to make strategic decisions. The following are the report’s key features:
- Market environment analysis:
- Market structure: Overview, industry life cycle analysis, supply chain analysis
- Market forecast analysis
- Competitive landscape and dynamics: Market share, product launches, etc.
- Attractive market segments and associated growth opportunities
- Emerging trends & Key success factors
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